IN RE GENWORTH FINANCIAL, INC. SECURITIES LITIGATION
Case Number:
1:14-cv-02392
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Dentons
- Labaton Keller
- Motley Rice
- Pierce Bainbridge
- Robbins Geller
- Thornton Law Firm LLP
- Weil Gotshal
Companies
Sectors & Industries:
-
April 09, 2014
Genworth Lied About Australian IPO Delay, Suit Says
In order to boost its stock, Genworth Financial Inc. lied to investors about the effect Australia's struggling economy would have in delaying a 2012 planned minority offering of its Oz mortgage insurance unit, according to a putative class action launched in New York federal court on Friday.
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